Lebanon Area Chamber Of Commerce
- Assets
- $103.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lebanon, MO
- Founding
- 06/1971
- Data as of
- 09/2021
- EIN
- 44-0323657
Organization Overview
Lebanon Area Chamber Of Commerce is located in Lebanon, MO. The organization was established in 1971. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lebanon Area Chamber Of Commerce is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 09/2021, Lebanon Area Chamber Of Commerce generated $144.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $124.1k during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE LEBANON AREA CHAMBER OF COMMERCE IS ORGANIZED TO PROMOTE LOCAL BUSINESS IN LEBANON MISSOURI.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darrell Pollock Executive Director | 40 | $61,081 | |
Vicki Wallen Secretary | 5 | $0 | |
Pamela Weaver President | 5 | $0 | |
Kelly Alexander Director | 2 | $0 | |
Dr David Schmitz Director | 2 | $0 | |
Dawn Rankin Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,951 |
| Total Program Service Revenue | $0 |
| Membership dues | $96,218 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $15,861 |
| Other Revenue | $0 |
| Total Revenue | $144,030 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $103,131 |
| Professional fees and other payments to independent contractors | $2,305 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,582 |
| Other expenses | $17,086 |
| Total expenses | $124,104 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $103,471 |
| Other assets | $0 |
| Total assets | $103,471 |
| Total liabilities | $3,122 |
| Net assets or fund balances | $100,349 |
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